Solid is a Real Estate blog created by San Francisco Realtors Anja van Ditmarsch and Mary Fenton of Zephyr Real Estate's Noe Valley office on 24th Street. The content of this blog will be everything from current real estate news to Anja and Mary's daily activities as Realtors and as San Francisco residents. Get a behind the scenes look as they help a buyer find their dream home or a seller prepare their property for the market.

Thursday, October 16, 2008

What can I buy for $350,000 or less in San Francisco?

Moving up to the next level in our study, there are suddenly many more options. There are 42 active listings from $251,000 to $350,000.

14 of those are single family homes

12 of the single family homes are in Bayview (1 in Ingleside and the other in Visitacion Valley)

17 of the properties are tenancies in common

11 are condominiums

5 are short sales

3 are in pre-foreclosure

2 are offered through the mayor's office of housing

It is safe to say, that most of these single family homes are in need of some TLC. Here are some examples:

This is 1650 Quesada Avenue; the cross street is 3rd Street. It is a three bedroom, one and a half bath home and is 1422 square feet according to the tax records. By the boarded up window, you can see that this home does need some work, but it is said to have "great bones" and good views from the top level. It sounds like a steal at $266,000.

The house above is 1226 Palou; cross street is Ingalls. This is a two bedroom home and is 1022 square feet according to tax records. It is clean, with a remodelled kitchen, new appliances, a new deck, and a wood burning fireplace in the living room. This home is being offered at $319,900.

Quite elegant for just $349,000, isn't it! This condominium is located at 2010 Eddy Street, unit B. It is a studio with beautiful Victorian details, views of the Civic Center, and a sleeping area. There are four units in the building, and the association dues are yet to be determined. There is no parking with this unit. It was originally priced at $385,000, and was recently lowered to $349,000.

This is a below market rate studio in the Landmark building of Union Square. The building was originally built in 1908 and restored in 2004. The unit has tall ceilings, brick and concrete walls, a contemporary kitchen with stainless steel appliances, washer and dryer in the unit, and extra storage. The building also has a bike room, a part time doorman, a roof deck with views, and a possibility of leased parking. 333 Grant Avenue #405 is being offered for a firm $256,542. It is important to note that the association dues are $753 a month.

For the last example, we introduce the Cubix Yerba Buena, a community located in the Yerba Buena Arts District. All of the units in this building are studios, and as you can see in the photo, they are well appointed and filled with light. Green building features are incorporated throughout, from drought tolerant plants on the landscaped roof-top deck to the City Car Share pod in the garage. This unit, 766 Harrison #410, is offered at $314,000. The association dues are $270 a month.

Please contact us for a full list of properties in this or any other price range.

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